1. Event Duration and Rules
1.1 Event Registration and API Integration: 16:00:00, 3/31/2022 – 15:59:59, 4/7/2022 (UTC).
Trading Competition: 16:00:00, 4/7/2022 – 15:59:59, 5/12/2022 (UTC).
1.2 Rules: The competition is divided into three stages and adopts the elimination mode. Each round has its own leaderboard for users who reach the specified API trading volume. Listed users will receive the corresponding rewards and advance to the next round of the competition. Participants have a chance to win treasure boxes with bonuses such as Margin Interest-Free Coupons, Margin Trial Funds, Futures Trial Funds, Futures Deduction Coupons, and USDT rewards.
1.2.1 Event Registration and API Integration Time: 16:00:00, 3/31/2022 – 15:59:59, 4/7/2022 (UTC).
1.2.2 Trading Competition and Rules
A． Preliminary Round
Time: 16:00, 4/7/2022 – 15:59:59, 4/14/2022 (UTC).
Rules: Participants who reach 10,000 USDT in API trading volume during the event period share 5,000 USDT in rewards, depending on the proportion of their trading volume to the total. Round winners are ranked as Bronze, Gold, or Diamond based on their API trading volume. Gold and Diamond ranked winners will advance to the semi-finals with their trading volume retained. The rewards will be issued within 7 working days after the end of this round. The USDT rewards in treasure boxes can only be claimed once.
| Rank | API Trading Volume | Requirements | Rewards |
| Bronze | ≥ 20,000 USDT | Top 20 in profits | 200 USDT per person |
| Gold | ≥ 20,000 USDT | Top 15 in profits | 500 USDT per person |
| Diamond | ≥ 750,000 USDT | Top 3 in profits | 800 USDT per person |
B． Semi-Finals
Time: 16:00:00, 4/14/2022 – 15:59:59, 4/28/2022 (UTC)
Rules: Participants who reach 850,000 USDT API in trading volume during event period share 10,000 USDT in rewards based on the proportion of their trading volume to the total. Winners are ranked as Diamond or King based on their API trading volume. King ranked winners will advance to the finals with their trading volume retained. The rewards will be issued within 7 working days after the end of this round.
| Rank | API Trading Volume | Requirements | Rewards |
| Diamond | ≥ 12,000,000 USDT | Top 10 in profits | 1,500 USDT per person |
| King | ≥ 150,000,000 USDT | Top 3 in profits | 3,000 USDT per person |
C． Finals
Time: 16:00:00, 4/28/2022 – 15:59:59, 5/12/2022 (UTC).
Rules: The top API trader in profits will receive 1 BTC in rewards, 2nd place trader will receive 7,000 USDT in rewards, and the 3rd place trader will receive 5,000 USDT. The rewards will be issued within 7 working days after the end of this round.
| Rank | Requirements | Rewards |
| King | First place in profits | 1 BTC |
| Second place in profits | 7,000 USDT | |
| Third place in profits | 5,000 USDT |
2. Profit Calculation
Profit amount = final equity (excluding futures position margin and unrealized PNL) - initial equity + withdrawal amount during the competition - deposit amount during the competition.
Final equity = total assets at the final snapshot (staked amount inclusive) - margin borrowings at the final snapshot + margin lendings at the final snapshot.
Initial equity = total assets at the initial snapshot (staked amount inclusive) - margin borrowings at the initial snapshot + margin lendings at the initial snapshot.
Withdrawal amount during the competition = transferred-out funds during the competition (deposit/withdrawal fees inclusive) + red envelopes sent out during the competition + sold crypto through P2P/Fast Trade.
Deposit amount during the competition = Transferred-in funds during the competition + red envelopes received during the competition + purchased crypto through P2P + purchased crypto through credit/debit card + purchased crypto through Fast Trade.
3. Equity Snapshot
| Stages | Initial Equity Snapshot (UTC) | Final Equity Snapshot (UTC) |
| Preliminary Round | At 15:59:59 on the day of competition | At 15:59:59 each day during the round |
| Semi-Finals | At 15:59:59 on the day of competition | At 15:59:59 each day during the round |
| Finals | At 15:59:59 on the day of competition | At 15:59:59 each day during the round |
4. Notices
A、 The trading volume of this event refers to the trading volume from API transactions.
B、 Users who win a Margin interest-Free Coupon or Margin Trial Fund can view the bonuses from My Bonus.
C、 The deduction coupon can be used to deduct futures trading fees by 15% and is valid for 14 days.
D、 KuCoin API Documentation: https://docs.kucoin.com/#general
E、 Users who withdraw from the competition voluntarily or due to violation of the rules will not receive rewards.
F、 Institutional users are excluded from this event. The API trading volume and PNL generated from KuCoin Trading Bot are excluded from the profit calculation.
G、 Rewards will not be issued to any duplicate or fake accounts found to have been cheating or engaging in any other fraudulent behavior.
H、KuCoin reserves all rights to the final interpretation of the event.
This activity is not related to Apple Inc.
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